How Effective are Capital Controls in Asia?
Gochoco-Bautista, Maria Socorro; Jongwanich, Juthathip; Lee, Jong-Wha | October 2010
Abstract
"This study examines the effects of capital account restrictions on capital flows in nine Asian economies over the period 1995–2005 using panel regressions with fixed effects. The results show that capital controls significantly affect capital flows when such flows are disaggregated by asset type and direction of flow. Tests for the presence of possible asymmetric effects, substitution effects, and endogeneity of capital controls are conducted."
Citation
Gochoco-Bautista, Maria Socorro; Jongwanich, Juthathip; Lee, Jong-Wha. 2010. How Effective are Capital Controls in Asia?. © Asian Development Bank. http://hdl.handle.net/11540/1570.ISSN
1655-5252
Keywords
Regional Development Finance
Public Scrutiny of City Finances
Non-Bank Financial Institutions
Local Government Finance
Government Financial Institutions
Foreign and Domestic Financing
Financial Risk Management
Assessing Corporate Governance
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Citable URI
http://hdl.handle.net/11540/1570Metadata
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